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Bal Harbour, Florida Demographics & Population 2026

Expensive MarketHome value to income ratio of 22.6x indicates a costly housing market

During the 2020–2024 ACS period, Bal Harbour, Florida had a total population of 3,055, the 598th largest village in Florida, with a median household income of $80,806, which is 8% higher than the state average. The poverty rate is 20.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bal Harbour Quick Facts

Population 3,055
Median Household Income $80,806
Median Home Value $1,823,500
Poverty Rate 20.1%
Unemployment Rate 9.4%
Median Age 53.8 years
Homeownership Rate 57.6%
Affordability Ratio 22.6x
Bachelor's Degree or Higher 61.4%
High School Graduation Rate 98.5%
Diversity Index 49/100
Population 3,055 598th of 955
Median Income $80,806 above average
Poverty Rate 20.1% 61% higher than national
Median Home Value $1,823,500 top 10%

How Bal Harbour Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,0213,055+1.1%
Median household income$91,061$80,806-11.3%
Median home value$1,277,200$1,823,500+42.8%

How Bal Harbour Compares

Economy & Housing

Household Income Distribution

Under $25K 17.5%
$25K-$50K 10.9%
$50K-$100K 27.3%
$100K+ 44.3%
Detailed income brackets
Under $10K
10.7%
$10K-$15K
3.5%
$15K-$20K
0.2%
$20K-$25K
3.1%
$25K-$30K
2.7%
$30K-$35K
3.1%
$35K-$40K
0.8%
$40K-$45K
2.5%
$45K-$50K
1.8%
$50K-$60K
3.1%
$60K-$75K
12.5%
$75K-$100K
11.6%
$100K-$125K
6.5%
$125K-$150K
3.0%
$150K-$200K
7.2%
$200K+
27.6%

Employment

9.4% Unemployment Rate State: 4.8%|National: 5.2%
53.3% Labor Force Participation

Housing Overview

Owner 57.6%
Renter 42.4%
Affordability Index Very Expensive
22.6x home value to income ratio
Median gross rent $2,804/mo 41.6% of median household income annually

People & Demographics

Diversity Index

49out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Bal Harbour Rankings in Florida

#598 Population of 955
#340 Median Income of 911
#55 Education of 955
#15 Home Value of 901

Other Cities in Miami-Dade County

CityPopulationMedian IncomePovertyHome Value
Miami 459,745 $62,462 19.4% $518,100
Hialeah 226,165 $55,594 17.0% $392,000
Miami Gardens 113,177 $63,627 13.6% $378,500
Homestead 82,807 $65,423 18.4% $380,000
Miami Beach 82,031 $72,856 14.4% $556,700
Kendall 79,562 $87,325 11.2% $567,900
Doral 79,216 $94,164 10.3% $562,800
North Miami 60,344 $57,188 18.9% $365,000
The Hammocks 58,838 $85,628 12.1% $468,100
Fountainebleau 55,665 $64,908 12.7% $320,200

Cities Similar to Bal Harbour

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Biscayne Park3,085$77,083$674,30047.1%29.5%
Polk City2,974$79,762$293,90022.5%12.2%
Holmes Beach3,047$88,333$681,00063.3%7.7%
Pretty Bayou2,906$85,208$298,90048.6%5.8%
Vamo2,936$88,025$364,40056.3%2.0%

Population Overview

Bal Harbour is a small community located in Florida, within Miami-Dade County. The total population is 3,055. It ranks as the 598th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Bal Harbour is 53.8 years. This is 26% higher than the state median of 42.6 years. 16.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Bal Harbour is $80,806. This is 8% higher than the state median of $74,568. It is also about the same as the national median of $80,734. The poverty rate stands at 20.1%. This is 60% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 9.4%. This is 95% higher than the state rate of 4.8%. The median home value is $1,823,500. Housing costs are 408% higher than the state median of $359,000. The home-value-to-income ratio of 22.6x suggests that housing affordability is a significant concern for many residents. 57.6% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Bal Harbour is White (non-Hispanic), making up 64.3% of the population. Hispanic or Latino residents account for 30.9%. The Black or African American population (0.1%) is well below the state average of 14.6%.

Education

61.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Bal Harbour in the top 10% of all cities in the state for educational attainment. This is 80% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.5%. Notably, 32.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Bal Harbour, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bal Harbour, Florida?

Bal Harbour, Florida has a population of 3,055 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bal Harbour, FL?

The median household income in Bal Harbour is $80,806, which is about the same as the national median of $80,734.

What is the poverty rate in Bal Harbour, FL?

The poverty rate in Bal Harbour is 20.1%. This means approximately 614 residents live below the federal poverty line.

What is the racial makeup of Bal Harbour, Florida?

Bal Harbour's population is 64.3% White, 0.1% Black, 30.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bal Harbour, FL?

The median home value in Bal Harbour is $1,823,500. The home-value-to-income ratio is 22.6x.

How educated is Bal Harbour, Florida?

61.4% of adults (25+) in Bal Harbour hold a bachelor's degree or higher, and 32.3% hold a graduate or professional degree.